Gujarat: Rs 50 cr illegal share transactions unearthed
Saturday, September 15, 2018, 10:14 AM
The Income Tax Department has unearthed illegal transactions to the tune of Rs 50 crore in a case involving stock market entry operators Jignesh-Shah and Sanjay-Shah. They had manipulated Long Term Capital Gains (LTCG) involving shares of three companies; Citizen Yarn Ltd, Safal Securities Ltd and Safal Herbs Ltd. IT sleuths have also recovered blank physical share certificates of these companies from the accused.
Hyderabad Police Detains 31 Illegal Financiers, Seizes 165Kg Of Silver
Tuesday, June 19, 2018, 6:01 PM
In a crackdown by Hyderabad police, 31 illegal financiers have been detained in the old city. Around 160 kilograms of silver has also been seized. Speaking to the media, V Satyanarayana, Deputy Superintendent of Police (DCP) South Zone, Hyderabad, said they have apprehended 31 illegal financiers who were extorting money by taking blank cheques and promissory notes from the poor and middle class people.